Banking crisis

From the archives: the fall of Saloman Brothers

23 March 2012 17:52

Back in August 1991, Michael Lewis examined the disintegration of his ex-employer — investment bank Salomon Brothers — for The…

From the archives: Rowan Williams on capitalism and idolatry

16 March 2012 17:29

To mark today’s news that Rowan Williams will be stepping down as Archbishop of Canterbury, here’s a piece he wrote…

Project Merlin may not wield a magic wand

13 February 2012 13:49

Are Project Merlin’s lending targets just a myth? On the basis of today’s figures it’s still rather hard to tell.…

Transcript: Stephen Hester on bankers and bonuses

8 February 2012 13:16

This morning, the chief executive of RBS Stephen Hester appeared on Radio 4’s Today programme to discuss the recent furore…

Peston: Hester will not take bonus

29 January 2012 22:18

Stephen Hester’s decision to waive his bonus, revealed by Robert Peston just after 10 o’clock, will be a source of…

When one euro is worth more than another

27 January 2012 23:21

Faisal Islam has a very interesting report from Davos on how at least one bank no longer believes that a…

Miliband’s proximity problem

19 January 2012 12:18

Ed Miliband is on unusually assertive form this morning. His observation in the FT that ‘my speech to Labour’s annual…

Your three-point guide to today’s RBS report

12 December 2011 15:44

After months of delay, and much hounding by The Spectator’s Select Committee Chairman of the Year, Andrew Tyrie, the Financial…

From the archives: Fall of the Rock

18 November 2011 15:57

Yesterday, George Osborne announced the sale of Northern Rock to Virgin Money. Here, to mark the occasion, is the piece…

Osborne sells off the Rock

17 November 2011 10:35

‘Sir Richard Branson set to buy Northern Rock.’ So read the headlines in November 2007 — and now they’re finally…

The Italian domino effect

10 November 2011 0:39

For all the debate about Theresa May and border security, the big news has not been at Westminster today. Instead,…

The paucity of the "99 per cent"

30 October 2011 14:38

A week may be a long time in politics, but it is no time at all in protest. As the…

A reminder of two of the political battles ahead for the coalition

11 September 2011 23:41

If anyone had any doubts about how difficult the politics of banking reform and planning would be for the Conservatives,…

How will Westminster respond to Vickers?

8 September 2011 9:50

The Vickers’ report into banks will land on the Prime Minister’s desk tomorrow. It goes to the banks very early…

Darling lifts lid on Brown’s chaotic government

4 September 2011 10:39

Tieless, Alistair Darling appeared on Marr this morning to discuss his memoir. As with so many of these New Labour…

More banking worries

2 September 2011 14:16

George Osborne wrote a strident article for the Observer last weekend, in which he called rich tax evaders “leeches”. As James…

The undeserving rich

1 September 2011 13:05

Ever since the Elizabethan poor laws — if not before — society has tended to divide the poor into the…

Vince being Vince

31 August 2011 10:55

A sweeping and utterly typical performance from Vince Cable in his interview with theTimes (£) today. Not only does he…

Coalition prepares for bank bust-up

30 August 2011 13:29

There’s a big coalition split coming down the road. Next month the Vickers’ review into banking reform, which is going…

Fasten your seatbelts…

5 August 2011 9:04

It has, to paraphrase Margo Channing, already been a bumpy night — and it’s only going to get bumpier today.…